"VISA International" has big plans for Azerbaijan

Azerbaijan International Bank (AIB) issued 573 thousands of VISA International plastic cards. VISA International company manager for the CIS countries Svetlana Georbelidze said that 11 banks of Azerbaijan became associative members of VISA International system through the sponsorship and technical assistance of the AIB. Geoberidzhe also stated that the project of fare payments in Baku Subway by non-contact pocket cards of VISA International is going to be finished soon.

Fees in other kinds of transportation will be paid by plastic cards. Other projects like "Mobile Phone Banking" and "Visa 3-D Secure Authentication technology" ensuring managing of card accounts by means of mobile phones and Internet are ready for implementation.

The certifying of “Mobile Phone Banking” project of VISA International Company will provide mobile phone users in Azerbaijan an opportunity to use banking services through their mobiles.

The project "Visa 3 DSecure" will provide several electron commercial services such Internet shopping and making payments for services Internet by commercial organizations and card owners with high security level.

APA/EV